Expanded U.S. government sanctions against Russia in response to the war in Ukraine include a ban on accounting and management consulting services by U.S. citizens. The sanctions announced Sunday “prohibit…
Tag: Sanctions
US announces sanctions against Kremlin-controlled media companies and bans Russia from using some American consulting services
President Joe Biden and the leaders of the G-7 met virtually with Ukrainian President Volodymyr Zelensky on Sunday to discuss further actions the US and its allies are taking to…
The Week in Business: Economic Sanctions Take a Toll
What’s Up? (March 6-12) Corporations Pull Out of Russia More than two million people have fled Ukraine in the last two weeks as Russia’s invasion of the country claimed thousands…
How Sanctions on Russia Are Affecting the Global Economy
In the span of just a few days, the global economic outlook has darkened while troops battled in Ukraine and unexpectedly potent financial sanctions rocked Russia’s economy and threatened to…
Global Banks Poised for Turmoil as West Hits Russia With Sanctions
Global banks are bracing for the ripple effects of harsh new financial and economic sanctions against Russia intended to hobble its economy and restrict its access to foreign capital. On…
Sanctions will put Russia’s ‘fortress’ economy to the test
The latest barrage came Saturday, when the United States, the European Union, the United Kingdom and Canada said they would expel some Russian banks from SWIFT, a global financial messaging…